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Black Stone Minerals LP (BSM)

Upturn stock ratingUpturn stock rating
$13.27
Last Close (24-hour delay)
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PASS
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Upturn Stock infoUpturn Stock info Stock price based on last close
*as per simulation
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Time period over
  • ALL
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Upturn Advisory Summary

07/09/2025: BSM (1-star) is currently NOT-A-BUY. Pass it for now.

Upturn Star Rating

rating

Not Recommended Performance

These Stocks/ETFs, based on Upturn Advisory, consistently fall short of market performance, signaling caution before investing.

Number of Analysts

rating

3 Analysts rated it

Very few follow this stock; limited insights, higher-risk early investing.

1 Year Target Price $14

1 Year Target Price $14

Analysts Price Target For last 52 week
$14 Target price
52w Low $12.45
Current$13.27
52w High $15.09

Analysis of Past Performance

Type Stock
Historic Profit -22.13%
Avg. Invested days 50
Today’s Advisory PASS
Upturn Star Rating Upturn stock ratingUpturn stock rating
Upturn Advisory Performance Upturn Advisory Performance 1.0
Stock Returns Performance Upturn Returns Performance 1.0
Upturn Profits based on simulationUpturn Profits based on simulation Profits based on simulation
Upturn Profits based on simulationUpturn Profits based on simulation Last Close 07/09/2025

Key Highlights

Company Size Mid-Cap Stock
Market Capitalization 2.84B USD
Price to earnings Ratio 14.58
1Y Target Price 14
Price to earnings Ratio 14.58
1Y Target Price 14
Volume (30-day avg) 3
Beta 0.27
52 Weeks Range 12.45 - 15.09
Updated Date 07/9/2025
52 Weeks Range 12.45 - 15.09
Updated Date 07/9/2025
Dividends yield (FY) 11.47%
Basic EPS (TTM) 0.92

Analyzing Revenue: Products, Geography and Growth

Revenue by Products

Product revenue - Year on Year

Revenue by Geography

Earnings Date

Report Date -
When -
Estimate -
Actual -

Profitability

Profit Margin 52.92%
Operating Margin (TTM) 15.84%

Management Effectiveness

Return on Assets (TTM) 11.45%
Return on Equity (TTM) 19.94%

Valuation

Trailing PE 14.58
Forward PE 7.17
Enterprise Value 2898620432
Price to Sales(TTM) 6.72
Enterprise Value 2898620432
Price to Sales(TTM) 6.72
Enterprise Value to Revenue 6.62
Enterprise Value to EBITDA 10.74
Shares Outstanding 211636000
Shares Floating 173814878
Shares Outstanding 211636000
Shares Floating 173814878
Percent Insiders 20.57
Percent Institutions 13.93

ai summary icon Upturn AI SWOT

Black Stone Minerals LP

stock logo

Company Overview

overview logo History and Background

Black Stone Minerals LP (BSM) was founded in 1998. It is a publicly traded limited partnership focused on owning and managing oil and natural gas mineral interests.

business area logo Core Business Areas

  • Mineral and Royalty Interests: BSM owns mineral and royalty interests in over 40 million gross acres, providing exposure to oil and gas production.

leadership logo Leadership and Structure

BSM operates as a master limited partnership (MLP). Its leadership includes Thomas L. Carter Jr. (Chairman and CEO).

Top Products and Market Share

overview logo Key Offerings

  • Mineral and Royalty Interests: BSM generates revenue from royalties paid by operators drilling and producing oil and gas on its mineral acreage. Market share data specifically for mineral ownership is not readily available in aggregate, but BSM is a significant player in several key basins. Competitors are private mineral owners, other mineral holding companies (often private), and integrated oil companies also holding mineral rights.

Market Dynamics

industry overview logo Industry Overview

The oil and gas mineral rights industry is driven by exploration and production activity. Royalty income is dependent on commodity prices and production volumes.

Positioning

BSM is a large, publicly traded mineral owner with a diverse asset base. Its competitive advantage lies in its scale and experienced management team.

Total Addressable Market (TAM)

The total addressable market is very large, representing all mineral rights in the US, worth hundreds of billions of dollars. BSM is positioned to benefit from its large mineral base within key oil and gas basins.

Upturn SWOT Analysis

Strengths

  • Large, diversified mineral portfolio
  • Experienced management team
  • Publicly traded MLP structure providing access to capital markets

Weaknesses

  • Dependence on commodity prices
  • MLP structure can create tax complexities for investors
  • Vulnerable to cyclical downturns in the oil and gas industry

Opportunities

  • Acquisition of additional mineral rights
  • Increased drilling and production activity on existing acreage
  • Expansion into new basins

Threats

  • Declining commodity prices
  • Increased regulation of oil and gas industry
  • Shifting investor sentiment toward renewable energy

Competitors and Market Share

competitor logo Key Competitors

  • VNOM
  • KRP
  • NRT

Competitive Landscape

BSM competes with other mineral and royalty companies, as well as integrated oil and gas companies that own mineral interests. BSM's advantage is its size and established presence.

Major Acquisitions

DRG Resources, LLC

  • Year: 2023
  • Acquisition Price (USD millions): 360
  • Strategic Rationale: Increased exposure to the Haynesville and Bossier shale plays.

Growth Trajectory and Initiatives

Historical Growth: Historical growth is dependent on acquisitions and drilling activity on BSM's acreage.

Future Projections: Future growth depends on commodity prices, drilling activity, and acquisition strategy.

Recent Initiatives: Recent initiatives include acquisitions of mineral interests.

Summary

Black Stone Minerals LP is a mineral and royalty interest owner that benefits from oil and gas production. Its performance is strongly linked to commodity prices. Acquisitions and increased drilling activities drive growth, while regulatory changes and price volatility pose risks. BSMu2019s diversified portfolio and experienced management are key strengths.

Peer Comparison

Sources and Disclaimers

Data Sources:

  • Black Stone Minerals LP Investor Relations
  • SEC Filings
  • Yahoo Finance
  • Third-party industry research reports

Disclaimers:

This analysis is for informational purposes only and should not be considered investment advice. Market share estimates are approximate and subject to change.

Upturn AI SummarizationUpturn AI Summarization AI Summarization is directionally correct and might not be accurate.

Upturn AI SummarizationUpturn AI Summarization Summarized information shown could be a few years old and not current.

Upturn AI SummarizationUpturn AI Summarization Fundamental Rating based on AI could be based on old data.

Upturn AI SummarizationUpturn AI Summarization AI-generated summaries may have inaccuracies (hallucinations). Please verify the information before taking action.

About Black Stone Minerals LP

Exchange NYSE
Headquaters Houston, TX, United States
IPO Launch date 2015-05-01
President, CEO & Chairman of the Board of Black Stone Minerals GP L.L.C Mr. Thomas L. Carter Jr.
Sector Energy
Industry Oil & Gas E&P
Full time employees -
Full time employees -

Black Stone Minerals, L.P., together with its subsidiaries, owns and manages oil and natural gas mineral interests. It owns mineral interests in approximately 16.8 million gross acres, nonparticipating royalty interests in 1.8 million gross acres, and overriding royalty interests in 1.6 million gross acres located in 41 states in the United States. The company was founded in 1876 and is based in Houston, Texas.